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Fisker misses second-quarter production target due to parts shortage

Fisker missed its production target for the second quarter due to shortage of components, the electric vehicle startup disclosed on Friday, sending its shares down 2% in premarket trading. The California-based company produced 1,022 units of its Ocean SUV in the quarter ended June, lower than 1,400-1,700 vehicles it had projected. "A few suppliers had challenges ramping to the targeted 2Q levels, as they did not receive components from sub-suppliers in a timely manner," Fisker said in an exchange filing, adding that it expected to produce over 1,400 vehicles in early July. Fisker, which will report its second-quarter earnings on August 4, produced 55 vehicles in the March quarter. It began deliveries in the United States last month. The production figures come as some EV firms face dwindling cash reserves, pressured by high costs related to production ramp-ups and inflation. Last month, Lordstown Motors filed for bankruptcy protection, while Electric Last Mile Solutions filed the same last year. In contrast, EV behemoth Tesla and Rivian Automotive beat market estimates for second-quarter deliveries. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Fisker Alaska electric pickup specs, price and production plans revealed

One of the more exciting vehicles that Fisker revealed earlier this month was the Alaska electric pickup. The specs look promising, and the truck has an attractive enough design, and now Fisker has even more details to share. Its size was a bit of a question before, but now we know that it measures 208.8 inches in length. That makes it a few inches shorter than most of the midsize pickups currently on the market, but a good bit larger than compact trucks like the Ford Maverick and Hyundai Santa Cruz. Basically, think of it as a small midsize pickup. Fisker also revealed that there will be two battery packs available. A 75 kWh pack will offer about 230 miles of range. The larger 113 kWh pack promises up to 340 miles on a full charge. Performance will vary depending on how you spec it, too. The slowest version of the Alaska will do the 0-60 mph run in 7.2 seconds, and the quickest will do the same in 3.9. A starting price of $45,400 is the current, expected MSRP, though Fisker makes it clear that this and all the other specs it laid out today are “targeted specifications.” Basically, donÂ’t be surprised to see all these numbers change a bit once Fisker gets closer to a launch date. Fisker says the Alaska will be manufactured in the U.S. (presumably with the goal of qualifying for the federal EV tax credit). As for when the Alaska hits the market, said production is claimed to begin in the first quarter of 2025. Those interested can reserve one for $250, and if you really love this truck so much already, you can reserve a second one for only an additional $100.  Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Tesla Model S Plaid 2022 review and reaction

Henrik Fisker opens up about EVs

Danish car designer Henrik Fisker is an interesting figure in the automotive world. After heading up design at Aston Martin he created the initial design for the Tesla Model S before launching Fisker Automotive. There, he created the Karma range-extended electric sports car. As we all know, the company eventually went bankrupt, leaving Mr. Fisker's future in question. Now he's back on the scene with his $230,000 supercar, the VLF Force 1, which debuted at the 2016 North American International Auto Show in Detroit. Interestingly the V10-powered Force 1, along with VLF's V8-powered Destino, is a huge departure from the green machines for which Fisker was responsible not too long ago. If that makes you curious as to what's going on inside the talented head of Henrik Fisker, you're not alone. Thankfully, Fisker has opened up to Tech Insider, discussing his thoughts on EVs and the future of the automotive world. While Fisker was part of the EV revolution – in his words, showing that "electric cars can be beautiful and exciting and fun to drive" – mass adoption has been slower than he originally predicted. The field is still too limited, with not much available in terms of what people want to buy. The driving range, too, is a huge obstacle to EV uptake, but that is slowly improving. "The choice for consumers is still fairly limited, but in my mind there's no doubt electric cars are here to stay," says Fisker. "It is going to be a growing segment and it will continue to grow." Fisker, however, is bearish on hybrids, despite their popularity. In his opinion, "electric cars will take over a lot of hybrids quicker than people think now." In an interesting prediction that defies more commonly held beliefs, hybrids don't have a place as a transition to EVs anymore. As infrastructure grows – along with battery capacity – people will "jump straight from gas to electric rather than make the transition to hybrid which is what a lot of car companies are betting on." It's an interesting point of view, to be sure, especially coming from a man who just recently took a pretty big leap from electric cars back to supercars whose fury is fed by fossil fuels. Take a deeper look into the mind of Henrik Fisker in the piece from Tech Insider. Related Video: